Young County One Step Closer to Wind Farm - Newschannel 6 Now | Wichita Falls, TX

Young County One Step Closer to Wind Farm

Folks in Young County could soon see wind turbines popping up in big numbers. Commissioners approved a new tax abatement deal with Trinity Hills Wind Farm LLC Monday.

The unanimous decision will give Trinity Hills, a subsidiary of BP, 10 years with no property tax payments to the county. Instead, the county will receive payment in lieu of tax that will be at least $62,500 a year.

The figure could go higher depending on the number of towers that will actually go up in Young County. The wind farm will be spread out across Archer and Young Counties.

The deal won't cost the county any money. The payment in lieu of tax will be above what property owners are already paying the county in taxes. There is also financial benefit for the Olney ISD and Hamilton Hospital as they both fall within the reinvestment zone for the project.

At the end of 10 years, Trinity Hills will pay the full property tax value on the wind farm. "The value of that would be a tremendous amount," said Young County Commissioner for Precinct 4 Jimmy Wiley, "because each one of those towers is up in the millions of dollars."

Wiley said Trinity Hills is expecting to hire six full-time employees for the wind farm. And, around 150 workers, perhaps some from within the county, will be employed during the construction phase of the project. Wiley said the presence of workers spending money on food, fuel and housing will also be a boon to the local economy.

Construction on the wind farm is expected to begin April 1.

Tim Barnosky, Newschannel 6.

 

  • News HeadlinesNewsMore>>

  • White House: No plans by Trump to fire Mueller, Rosenstein

    White House: No plans by Trump to fire Mueller, Rosenstein

    Sunday, April 22 2018 2:05 PM EDT2018-04-22 18:05:12 GMT
    Sunday, April 22 2018 6:06 PM EDT2018-04-22 22:06:48 GMT
    (AP Photo/Carolyn Kaster, File). FILE - In this Nov. 20, 2016, file photo, then-President-elect Donald Trump, right, and former New York Mayor Rudy Giuliani pose for photographs as Giuliani arrives at the Trump National Golf Club Bedminster clubhouse i...(AP Photo/Carolyn Kaster, File). FILE - In this Nov. 20, 2016, file photo, then-President-elect Donald Trump, right, and former New York Mayor Rudy Giuliani pose for photographs as Giuliani arrives at the Trump National Golf Club Bedminster clubhouse i...

    The White House says President Donald Trump has no intention of firing special counsel Robert Mueller and Deputy Attorney General Rod Rosenstein.

    The White House says President Donald Trump has no intention of firing special counsel Robert Mueller and Deputy Attorney General Rod Rosenstein.

  • Macron to push Trump on Iran deal, says there's no 'Plan B'

    Macron to push Trump on Iran deal, says there's no 'Plan B'

    Sunday, April 22 2018 11:04 AM EDT2018-04-22 15:04:45 GMT
    Sunday, April 22 2018 6:06 PM EDT2018-04-22 22:06:40 GMT
    (AP Photo/Michel Euler). France's President Emmanuel Macron walks out of the lobby of the Elysee Palace in Paris, Friday, April 20, 2018, to welcome Senegalese President Macky Sall. Senegalese President Macky Sall is in France for a five-day visit.(AP Photo/Michel Euler). France's President Emmanuel Macron walks out of the lobby of the Elysee Palace in Paris, Friday, April 20, 2018, to welcome Senegalese President Macky Sall. Senegalese President Macky Sall is in France for a five-day visit.

    French President Emmanuel Macron is urging U.S. President Donald Trump to stick with the Iranian nuclear accord, arguing that there's no "Plan B".

    French President Emmanuel Macron is urging U.S. President Donald Trump to stick with the Iranian nuclear accord, arguing that there's no "Plan B".

  • Trump considering pardon for late boxer Jack Johnson

    Trump considering pardon for late boxer Jack Johnson

    Saturday, April 21 2018 3:44 PM EDT2018-04-21 19:44:16 GMT
    Sunday, April 22 2018 6:06 PM EDT2018-04-22 22:06:38 GMT
    Stallone, who starred in the 1976 boxing film "Rocky" and several sequels, is a supporter of the president and attended Trump's New Years' Eve party at Mar-a-Lago in 2016. (Source: CNN/Twitter)Stallone, who starred in the 1976 boxing film "Rocky" and several sequels, is a supporter of the president and attended Trump's New Years' Eve party at Mar-a-Lago in 2016. (Source: CNN/Twitter)

    President Donald Trump says he's considering "a Full Pardon!" for boxing's first black heavyweight champion more than 100 years after Jack Johnson was convicted by all-white jury of "immorality" for one of his...

    President Donald Trump says he's considering "a Full Pardon!" for boxing's first black heavyweight champion more than 100 years after Jack Johnson was convicted by all-white jury of "immorality" for one of his relationships.

Powered by Frankly